Found by Fairmile West

Broadcom Cuts Offer for Qualcomm to $79 Per Share

In the wake of Qualcomm’s adjusted offering for NXP, Broadcom has likewise adjusted its unsolicited offer for Qualcomm.Broadcom’s new offer is $79 per share ($57 in cash and $22 in Broadcom shares), down from what it had already termed its “best and final” offer of $82 per share ($60 per share in cash and $22 in Broadcom stock).